Real Estate Math
A Wyoming investor buys a property for $450,000 and sells it 3 years later for $540,000. What is the percentage return on the original investment (not annualized)?
A16.7%
B20%✓ Correct
C25%
D83.3%
Explanation
Gain = $540,000 − $450,000 = $90,000. Return = $90,000 ÷ $450,000 = 0.20 = 20%. Using the values given ($450,000, $540,000), apply the appropriate formula.. The correct answer is 20%.. This is a common calculation on the Wyoming real estate exam.
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